Zhejiang Renzhi Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Renzhi has a total shareholder equity of CN¥43.6M and total debt of CN¥7.2M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CN¥216.0M and CN¥172.3M respectively.
Key information
16.4%
Debt to equity ratio
CN¥7.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.68m |
| Equity | CN¥43.64m |
| Total liabilities | CN¥172.35m |
| Total assets | CN¥215.99m |
Recent financial health updates
Zhejiang Renzhi (SZSE:002629) Is In A Good Position To Deliver On Growth Plans
Sep 30
We're Hopeful That Zhejiang Renzhi (SZSE:002629) Will Use Its Cash Wisely
Jun 05Recent updates
Revenues Not Telling The Story For Zhejiang Renzhi Co., Ltd. (SZSE:002629) After Shares Rise 26%
Dec 03What Zhejiang Renzhi Co., Ltd.'s (SZSE:002629) 45% Share Price Gain Is Not Telling You
Oct 08Zhejiang Renzhi (SZSE:002629) Is In A Good Position To Deliver On Growth Plans
Sep 30We're Hopeful That Zhejiang Renzhi (SZSE:002629) Will Use Its Cash Wisely
Jun 05Zhejiang Renzhi Co., Ltd. (SZSE:002629) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Jun 05Zhejiang Renzhi Co., Ltd.'s (SZSE:002629) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Apr 16Zhejiang Renzhi Co., Ltd.'s (SZSE:002629) Share Price Matching Investor Opinion
Feb 27Financial Position Analysis
Short Term Liabilities: 002629's short term assets (CN¥177.8M) exceed its short term liabilities (CN¥169.1M).
Long Term Liabilities: 002629's short term assets (CN¥177.8M) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 002629 has more cash than its total debt.
Reducing Debt: 002629's debt to equity ratio has reduced from 356.2% to 16.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002629 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002629 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 18:28 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Renzhi Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Si Wei Wang | AJ Securities Co., Ltd |
| Lili Huang | Citic Securities Co., Ltd. |
| Zhi Qiang Du | Ping An Securities Co. Ltd. |